Asia and the Pacific

Asia and the Pacific

Alliance Islamic Bank Launches Social Crowdfunding Platform

Alliance Islamic Bank Bhd launched its first social crowdfunding platform, SocioBiz, to create greater socioeconomic impact for the financially disadvantaged. The AIS’ SocioBiz platform, with...

Indonesia Digitising Islamic Social Finance Payments for Mosques and Cooperatives

Indonesia’s government will digitise the traditional sadaqah donation system used by mosques, and develop a digital platform for zakat and waqf payments to help...

Biggest Q1 Sukuk Issuers Malaysia, Indonesia, Saudi but Kuwait, Turkey Rising...

Global sukuk issuance hit $39.5 billion for the first three months of 2019, a jump of 38 percent from the same period last year,...

RCBC to Issue P5 Billion in Sustainability Bonds

Rizal Commercial Banking Corp. (RCBC) is set to issue at least P5 billion in two-year peso-denominated sustainability bonds, the first of its kind in the...

Serba Dinamik Holdings Berhad’s $300 Million High Yield Sukuk Offering

Clifford Chance has advised international energy services group Serba Dinamik Holdings Berhad (Serba Dinamik) on the international aspects of its US$300 million high yield...

Indonesia to Unveil Sharia Economic Master Plan

Indonesia will aim to push interest-free Islamic banking into the mainstream and boost domestic production of halal foods, products and services when the world’s...